Schooley Mitchell

Professional B2B Consulting Franchise helping businesses make decisions about telecom services and products. Our Franchisees are independent of all suppliers of telecom - no commissions, residuals, or kickbacks from suppliers - we always look out for our client's best interest. Quick ROI - low cash investment - revenue driven business - can be operated from home or office - Franchisees can do business anywhere in North America - ideal Franchise for executives.

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Schooley Mitchell
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Schooley Mitchell Franchise Cost and Requirements for 2024

Background

Schooley Mitchell Telecom Consultants was originally an accounting business that evolved into a telecommunications consulting firm when one of its co-founders wanted to find a better way to analyze the company's phone bills.

About Us

  • Professional business - for executives
  • Low investment - Under $70,000
  • Very high returns - very profitable Franchises
  • Quick ROI
  • Huge market - businesses in NA spend more than a $Trillion annually - wastage is estimated at 35%
  • Financial requirements - $125,000 net worth and $75,000 liquid capital

Why We Are Unique

  • Contingency model - only charge clients if savings are found - which is almost always
  • Independent of all vendors - we don't sell anything
  • Home business or small office - your choice
  • Very low overhead
  • Strong niche strategy specializing in huge area of need

Company Details

Established: 1997
First Unit Franchised: 2001 in Canada and 2004 in the USA
Franchised Units: 280
Company Owned Units: 1
States Registered In: ALL Canada and ALL US

Support and Training Offered By Schooley Mitchell

Financial Assistance Provided: No
Site Selection Assistance: No
Lease Negotiation Assistance: No
Recruiting Assistance: No
Co-Operative Advertising: No


Training: With over 130 staff members at Schooley Mitchell's corporate office, we support franchisees with access to our sales and operational tools, client solutions, marketing team, constantly improving technology, and any other resources needed to turn this franchise opportunity into a profitable business.

For new franchisees, we offer a six-day virtual training course with live interactive instructors. After these six days, franchisees continue to receive ongoing training and support through several programs designed for their success.

2024 Franchise Requirements Needed to Own a Schooley Mitchell Franchise.

What does a Schooley Mitchell Franchise Cost?

Schooley Mitchell franchise fees for 2024:

Cash Investment: $68,000 (includes 52 weeks of sales and marketing coaching)
Total Investment: $68,000 - $95,500
Minimum Net Worth: $150,000
Minimum Liquidity: $100,000
Franchise Fee: $68,000
Royalty: 8%
Ad: 2%
Average Number of Employees: 0-4
Passive Ownership: No
Semi-Passive Ownership: Yes
Home Based: Yes
B2B: Yes
Master Franchise Opportunities: No

Vet Discount: $5,000 off franchise fee

NOTE: *Currently offering a 12 month royalty exemption for new franchisees who are introduced to us before March 31, 2025.*

We offer a Builder Franchise Program for those Candidates that want to start as a part-time Franchisee, and then build to a full-time business as they continue in their current employment! The franchise fee will not change. There are a few tweaks to our system to allow for this structure, but the same training, support, and system will be provided for Builder Franchisees just the same as full-time Franchisees.

We are excited to announce a new Development Franchise option for Candidates. While we know that not everyone wants to hire people and develop various territories, we also know there are some people that would like to build a big business. We have developed this option for those people. The Franchisee will be able to develop up to 10 territories simultaneously with this model. The Franchise Fee for this model will be $250,000.


Is Schooley Mitchell a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Schooley Mitchell is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Schooley Mitchell a Home Based franchise?

Yes. Schooley Mitchell is a home based franchise opportunity.

What Do Schooley Mitchell Franchise Owners Make?

Click here to find out how much Schooley Mitchell franchisees make. Schooley Mitchell offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Schooley Mitchell a Master Franchise Opportunity?

No. Schooley Mitchell is not a master franchise opportunity.

Does Schooley Mitchell Offer a Veteran Discount?

Yes. Schooley Mitchell franchise does offer a veteran discount.

Does Schooley Mitchell Work with E2 Visa and EB-5 Visa Candidates?

No. Schooley Mitchell franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Schooley Mitchell Looking for Franchisees in Canada?

Yes. Schooley Mitchell franchise is looking for Canada franchisees.

Is Schooley Mitchell Looking for International franchisees?

No. Schooley Mitchell franchise is not looking for International franchisees.

Where can I see Schooley Mitchell's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Management & Training, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$50,000 - $100,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

No

E2 Visa Franchise

No

Schooley Mitchell Franchises for Sale

Click Here to inquire about existing Schooley Mitchell franchises for sale. We may have Schooley Mitchell franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.